NetApp Strengthens Board of Directors with New Appointments
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NetApp (NTAP) PT Raised to $52 at UBS Following 2Q
November 16, 2017 10:34 AM ESTUBS raised its price target on NetApp (NASDAQ: NTAP) to $52.00 (from $45.00) while maintaining a Buy rating. NetApp handily beat consensus estimates with revenue growth of 7%, including product up 14%, and EPS of $0.81. The company is making good on two
drivers; accelerating revenue growth and... More
NetApp (NTAP) PT Raised to $52 at UBS Following Solid 2Q
November 16, 2017 8:17 AM ESTUBS raised its price target on NetApp (NASDAQ: NTAP) to $52.00 (from $45.00) while maintaining a Buy rating following the company's 2Q. NetApp handily beat consensus estimates with revenue growth of 7%, including product up 14%, and EPS of $0.81 vs $0.69 estimate.
UBS expects $2.00 in F2H EPS,... More
NetApp (NTAP) PT Raised to $53 at RBC Capital; Reiterates Sector Perform
November 16, 2017 8:11 AM ESTRBC Capital raised its price target on NetApp (NASDAQ: NTAP) to $53.00 (from $50.00) while maintaining a Sector Perform rating following 2Q report. NetApp posted revenue of $1.42B and non-GAAP EPS of $0.81 vs. consensus expectations of $1.38B/$0.69. On a y/y basis, APAC was up... More
NetApp (NTAP) PT Raised to $60 at Piper Jaffray; Remains Bullish
November 16, 2017 8:06 AM ESTPiper Jaffray raised its price target on NetApp (NASDAQ: NTAP) to $60.00 (from $52.00) while maintaining a Overweight rating. NetApp reported 2Q revenue of $1.42B in FQ2(Oct), which was 2.7% above the mid-point of guidance ($1.385B) and above consensus ($1.38B). Upside continues to be driven by... More
NetApp (NTAP) PT Raised to $37 at Deutsche Bank; Reiterates Sell
November 16, 2017 8:01 AM ESTDeutsche Bank raised its price target on NetApp (NASDAQ: NTAP) to $37.00 (from $27.00) while maintaining a Sell rating following the company's 2Q. NTAP reported strong F2Q-18 results, with EPS beating Street expectations by $0.12 and sales growth modestly above expectations. Guidance was also above... More
NetApp (NTAP) PT Raised to $53 at Citi Following 2Q Beat
November 16, 2017 7:54 AM ESTCiti raised its price target on NetApp (NASDAQ: NTAP) to $53.00 (from $43.00) while maintaining a Neutral rating following the company's 2Q. NTAP reported sales/EPS of $1.42B/$0.81 both materially above consensus estimates of $1.38B/$0.69 with EPS above high end of guidance range of $0.64-$0.72... More
NetApp (NTAP) PT Raised to $51 at Baird Following Strong 2Q
November 16, 2017 7:50 AM ESTBaird raised its price target on NetApp (NASDAQ: NTAP) to $51.00 (from $46.00) while maintaining a Neutral rating following the company's 2Q release. NetApp reported revenue/non-GAAP EPS of $1.42 billion/$0.81 versus consensus of $1.38 billion/$0.69. Product revenue of $807 million was well ahead of consensus expectations for $770 million... More
